Indef Manufacturing Limited was incorporated in Mumbai, Maharashtra as a public company, pursuant to a certificate of incorporation dated 12th September, 2022, issued by the Registrar of Companies, Mumbai. The Company was incorporated to undertake the businesses of manufacturing of hoists, cranes and other material handling equipment i.e. the business of Hercules Hoists Limited and specifically the Manufacturing Business.
The Scheme of Arrangement for Demerger between Hercules Hoists Limited (HHL) and the Company was implemented in August, 2024. Pursuant to the scheme transfer, manufacturing business of the holding Company, i.e. Hercules Hoists Limited was transferred to the Company by way of demerger to segregate the manufacturing business from investment business of Hercules Hoists ...Limited. After demerger approval from the respective authority, the Company commenced their manufacturing business upon transfer of the Demerged Undertaking of Hercules Hoists Limited to the Company as a going concern. And the Scheme of Arrangement was given effect on September 30, 2024. In terms of the said Scheme, the Company has issued and allotted 3,20,00,000 Equity Shares to the shareholders of Hercules Hoists Limited (HHL) on 11 October, 2024 in the ratio of 1: i.e. 1 equity share of the face value of Re 1 each fully paid-up of the Company is issued and allotted for every 1 equity share of face value of Re 1 each fully paid up held by equity shareholders of Hercules Hoists Limited.
1. Can I buy Indef Manufacturing Ltd from PL Capital? ›
Yes, you can invest in Indef Manufacturing Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Indef Manufacturing Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Indef Manufacturing Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Indef Manufacturing Ltd pay dividends? ›
Indef Manufacturing Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Indef Manufacturing Ltd ? ›
As of
05-12-2025 the share price for Indef Manufacturing Ltd. is 338.55 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Indef Manufacturing Ltd ? ›
The 52-week high and low of Indef Manufacturing Ltd share price is ₹ 199.24 - ₹ 580.25 as of
05-12-2025 .
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